Elon Musk Becomes Twitter’s Largest Shareholder

When Elon Musk mulled taking Tesla private in 2018, he posted on Twitter to tell the world about it. When he got stuck in traffic in 2016, he tweeted the idea of ​​an underground tunnel system to alleviate “soul destroying” congestion. And when he challenged President Vladimir V. Putin of Russia to one-on-one combat last … Read more

Walmart saved millions from elder gift card scams

A gift card display stands at a Walmart Inc. store in Burbank, California. Patrick T. Fallon | Bloomberg | Getty Images Technology developed by Walmart helped the retail giant identify and freeze nearly $4 million in gift cards that had been bought by thousands of primarily elderly victims at the direction of con artists who … Read more

New Amazon Worker Chat App Would Ban Words Like “Union”

Amazon will block and flag employee posts on a planned internal messaging app that contain keywords pertaining to labor unions, according to internal company documents reviewed by The Intercept. An automatic word monitor would also block a variety of terms that could represent potential critiques of Amazon’s working conditions, like “slave labor,” “prison,” and “plantation,” … Read more

Hertz to buy 65,000 electric cars from Polestar

new York CNN Business — Swedish electric car maker Polestar is selling up to 65,000 electric vehicles to Hertz over the next five years, the companies announced Monday. The move follows an order Hertz placed for 100,000 electric cars made by Tesla in October 2021. Polestar CEO Thomas Ingenlath previously told Automotive News Europe that … Read more

Oil Back Above $100 as West Mulls More Russia Sanctions, Saudis Hike Selling Price By Investing.com

© Reuters. By Barani Krishnan Investing.com — From more Western sanctions planned for Russia to a hike in Saudi selling prices, oil markets found enough motivation to rebound from last week’s worst selloff in two years to put US crude back above $100 per barrel on Monday. Mounting civilian deaths in Ukraine increased pressure on … Read more

Wall St climbs as megacap growth stocks gain, Twitter surges

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, April 4, 2022. REUTERS/Brendan McDermid Register now for FREE unlimited access to Reuters.com Register Twitter soars after Elon Musk reveals 9.2% stake US-listed Chinese companies surge Utilities, real estate lag among S&P 500 sectors Indexes up: Dow 0.07%, … Read more

Elon Musk buys 9.2% of Twitter, making him the largest shareholder

News of the purchase sent shares of Twitter (TWTR) soaring 22% in early trading. Musk did not disclose what he paid for the shares, but his stake was worth $2.9 billion as of the close of trading Friday, and $3.5 billion after the spike early Monday. Musk’s filing did not disclose the purpose of the … Read more

JetBlue Cancels Or Delays Dozens Of Flights At Logan Airport – CBS Boston

BOSTON (CBS) — JetBlue passengers at Logan Airport were faced with more cancellations to start the week after a quarter of the airline’s flights were canceled and many were delayed over the weekend. Nearly 40 more flights were canceled Monday morning. Passenger Matt Sahm and his girlfriend did not receive a notification their flight to … Read more